Term Insurance & Pure Endowment: Expected Present Values
This lesson is part of the course
In this lesson
For a 60-year-old and a sum insured of USD 100,000 you calculate the expected present value of a 10-year term insurance, a 10-year pure endowment and their sum, the endowment insurance.
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Lessons in this course
- Interest Theory: Effective Rates, Discount Rates & v^n Locked
- Annuities Certain: PV & FV, Immediate vs Due Locked
- The Life Table: lx, dx, qx, px and tpx Locked
- Life Expectancy: Curtate e_x from the Life Table Locked
- Term Insurance & Pure Endowment: Expected Present Values Locked
- Life Annuities: Actuarial Present Value of a Pension Locked
- Net Level Premium: the Equivalence Principle Locked
- Policy Reserves: Prospective Reserve & Its Path over Time Locked